Carnegie Mellon University

Joseph Hezir

March 05, 2018

CMU's Hezir Co-Authors Paper on Department of Energy's Loan Programs

By Annie Rucker

Amanda King

Joseph Hezir, CMU’s Scott Institute for Energy Innovation’s professor of the Practice, co-authored a paper titled "Leveraging the DOE Loan Programs" with prominent energy leaders. The paper analyzes the future of the U.S. Department of Energy's (DOE) loan and loan guarantee programs, which currently have $39 billion in credit authority available. Although the Trump Administration has proposed to terminate these programs, Congress has become increasingly interested in keeping these loan programs intact. Hezir and co-authors argue that keeping the loan programs are vital in order to finance innovative energy initiatives, such as smart cities and solar energy that would support the nation’s modernization of energy infrastructures.

Learn more about the DOE's loan programs